Saving

Write a list before you go shopping and stick to it

The easiest way to save money is to only shop when you have a list and stick to it, without one, you end up making impulse purchases. Avoid malls, they always have temptations.

Invite friends over instead of going out and don’t spend a lot of money entertaining your children

Going out to eat or “out on the town” can dent the budget. Play cards or watch movies with your guests. You’ll all save money

Avoid fast food

Instead of eating fast food try making some simple and healthy replacements that you can take with you to work.

Quit smoking

If you’re still a smoker, you have to know by now that your habit is not only expensive, but potentially deadly as well. P35 x 4(weeks) =P140 x 12 months =P1,680 annually.

Plan your meals around your grocery store’s flyer

Instead of creating your meal plan out of thin air, plan all your meals around what’s on sale in your grocery store’s flyer.

Share your dreams with people you love

If you spend time with the people you love and come to some consensus about your dreams, it becomes easy for you all to plan for it.

Cancel unused club memberships

Are you paying dues at a club that you never use? Like a gym membership, If you’re not using them very often, cancel them.

Remove your credit card numbers from your online accounts

It’s easy to spend online when you have your card information stored in an account. The best way to break this habit is to simply delete your card from the account.

Do holiday shopping right after the holidays

Wait until about two days after a holiday, then go out shopping for items you need that are themed for that day and keep them for next year.

Try generic brands for items you buy regularly

Instead of just picking up the ordinary brand of an item you buy, try out the store brand. You’ll save a few cents and you’ll find your regular grocery bill getting smaller and smaller.

Create a visual reminder of your debt

Make a progress chart that starts with the amount of debt you have and ends with zero. Each time you pay down a little bit, show the amount on the chart. Keep this reminder in a place where you’ll see it often.

Look for a cheaper place to live

You may find that a move could mean the difference between having plenty of money and barely scraping by.

Start a garden

Gardening can be an inexpensive hobby if you have a yard and you’ll have a very inexpensive hobby that produces healthy food for your family.

Buy staples in bulk

Buy items you use a lot in bulk, especially those that don’t perish. For example trash bags, soap and diapers.

Cut down on your vacation spending

Instead of going to your home village every month or every holiday, plan for the most important holidays and save up for the traveling cost.